##
##
|||Page|
|---|---|---|
|Chairman's
statement|||
|Trustees report||2-8|
|Statement
oftrustees|responsibilities||
|Independent
auditor's|report|tg- 13|
|Statement offinancial|activities|14|
|Balance sheet||15-16|
|Statement ofcash flows||17|
|Notes to the finandal|statements|18-29|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Reference and Administrative
D|Reference and Administrative
D|etails||
|---|---|---|---|
|Charity Name||Glasailt Fawr - Camphill|Centre|
|Charity Number||1121992||
|Company|Number|05753897||
|Registered|Office|Glasallt Fawr||
|||Llangadog||
|||Carmarthen||
|||SA199AS||
|Company|Serretsry|Ms H L Lewis||
|Trustees||H M Manley-resigned|8/11/2021|
|||M DWicksteed||
|||C P Ress (Chair)||
|||D I Boorer||
|||Dr C G Boorer||
|||C M James||
|||D G Long||
|||Rev Canon BJWithington||
|Bankers||Na!west||
|||56 King Street||
|||Csrmarlhen||
|||SA31 1BB||
|Auditors||Azets Audit Services||
|||Ty Derw, Lime Tree Court||
|||Cardiff Gate Business|Park|
|||Cardiff||
|||CF23SAB||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||Unrestricted|Restricted|TotalUnrestricted|TotalUnrestricted|Resb icted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2022f|2022
8|2022
f|2021
8|2021
6|2021
F|
||||m||||||
|Donations
and legades||3|109,386|81,500|190,886|15,992|6,440|22,432|
|Charitable
activities||4|2,029,673||2,029,673|2,082,084||2,082,084|
|Investments||5|1,656||1,656|2,803||2,803|
|Other Income||6|11,705||11,705|12,593||12,593|
|Total income|||2,152,420|81,500|2,233,920|2,113,472|6,440|2,119,912|
|Rmgtttfttutg4ttLi|||||||||
|Charitable
activities||7|1,892,196||1,892,196|1,807,526||1,807,526|
|Net Income for the year/|||||||||
|Net movement|in funds||260,224|81,500|341,724|305,946|6,440|312,386|
|Fund balances at 1 April||2021|3,251,186|6,440|3,257,626|2,945,240||2.945,240|
|Fund balances|at 31 March||||||||
|2022|||3,511,410|87,940|3,599,350|3,251,186|6,440|3,257,626|
##
##
##
||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|||8||
|Fixed assets|||||||
|Tangible assets||11||1,654,305||1,703,193|
|Investments||12||1|||
|||||1,654,306||1,703,194|
|Current assets|||||||
|Debtors||13|91,784||113,004||
|Cash at bank and in|hand||2,457,636||2,164,972||
||||2,549,420||2,277,976||
|Creditors: amounts
one year|falling due within|15|(137,858)||(210,723)||
|Net ourrsnt assets||||2,411.562||2,067,253|
|Total assets less current liabilities||||4,065,868||3,770,447|
|Creditors: amounts
more than one year|falling due after|16||(466,518)||(512,821)|
|Net assets||||3,599,350||3,257,626|
|Incomefunds|||||||
|Restrictad funds||||87,940||6,440|
|Ltnreslr@igt(2tgf)a
Designated
funds||18|3,452,917||3,216,905||
|General unrestricted|funds||58,493||34,281||
|||||3,511,410||3,251,186|
|||||3,599,350||3,257,626|
##
##
##
##
##
##
||||2022||2021||
|---|---|---|---|---|---|---|
|||Notes|8||6||
|Cash flows from operating|activities||||||
|Cash generated
from operations||22||328,887||422,607|
|Investing
activities|||||||
|Purchase oftangible
fixed assets|||(2,980)||(4,867)||
|Investment
Income received|||1,656||2,803||
|Net cash used In Investing|activities|||(1,324)||(2,064)|
|Financing
activities|||||||
|Repayment ofbank loans|||(34,899)||(22,043)||
|Net cash used in financing|activities|||(34,899)||(22,043)|
|Net increase
In cash and cash equivalents||||292.664||398,500|
|Cash and cash equivalents|at beginning|ofyear||2,164,972||1,766,472|
|Cash and cash equivalents|at end of|year||2,457,636||2,164,972|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations|and legaci|es||||||
|---|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|||funds|funds||funds|funds||
|||2022
6|2022|2022
8|2021|2021f|2021
8|
|Donations|and gifts|20,111|81,500|101,811|7,182||7,182|
|Legacies|receivable|||||6,440|6,440|
|Grants||89,275||89,275|8,810||8,8'IO|
|||109,386|81,500|190,886|15,992|6,440|22,432|
##
##
##
|Residential
Cars|
|---|
|Local Authority
COVID Contributions|
|2022|2021f|
|---|---|
|2,008,035|2,030,603|
|21,638|51,481|
|2,029,673|2,082,084|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2022|2021|
|E|E|
|1,856|2,803|
##
|Unrestricted|Unrestricted|
|---|---|
|funds|funds|
|2022f|2021f|
|8,318|9,240|
|3,387|3,353|
|11,705|12,593|
##
##
##
||||2022|2021|
|---|---|---|---|---|
||||8||
|Staffcosts|||1,527,192|1,409,140|
|Depreciation|snd impairment||51,868|65,753|
|Utilities|||51,980|46,029|
|Insurance|||21,467|18,417|
|Telephone|||8,218|5,752|
|Postage and|stationery||3,119|3,520|
|Adverbsing||||195|
|Farm expenses|||31,204|5,780|
|Food and household|||76,873|117,495|
|Waste dispose(|||6,912|6,312|
|Travelling|||948|2,701|
|Repairs and|renewals||42,396|52,786|
|Motor expenses|||16,987|10,325|
|Subscriptions|and donations||1,439|1,439|
|Computer software|||5,709|6,653|
|Interest payable|||25,512|37,292|
|Recruitment.|training|and sundry expenses||3,072|
||||1,871,824|1,792,661|
|Share of support costs (see note 8)|||13,212|9,825|
|Share ofgovernance||costs (see nots 8)|7,160|5,040|
||||1,892,196|1,807,526|
|Support c|osts|||||||
|---|---|---|---|---|---|---|---|
|||Support|Governance|2022|Support|Governance|2021|
|||costs|costs||costs|costs||
|||8||||6||
|Residential|Care|13,212||13,212|9,825||9,825|
|Audit fees|||7,160|7,160||5,040|5,040|
|||13212|7,160|20,372|9,825|5,040|14,865|
|Analysed|between|||||||
|Chadtable|activities|13,212|7,160|20,372|9,825|5,040|14,865|
##
##
##
##
##
|The average|monthly
number ofemployees
during|the year was:||
|---|---|---|---|
|||2022|2021|
|||Number|Number|
||||62|
|Employment|costs|2022|2021|
|||6|6|
|Wages and salaries||1,384,174|1,294,336|
|Social security costs||105,376|80,532|
|Other pension costs||37,642|33,972|
|||1,527,192|1,409,140|
##
##
##
##
||||Freehold lend|Plant and|Fixtures and Motor|vehicles|Total|
|---|---|---|---|---|---|---|---|
||||and buildings|equipment|rltllngs|||
||||6|6|6|6||
|Cost||||||||
|At 1 April 2021|||1,997,273|31,624|75,912|103,946|2,208,755|
|Additions|||||2,980||2,980|
|At 31 March|2022||1,997,273|31,624|78,892|103,946|2,211,735|
|Depreciation|and impairment|||||||
|At 1 April 2021|||320,349|28,492|63,583|93,138|505,562|
|Depredation|charged|In the year|36,716|928|3,416|10,808|51,868|
|At 31 March|2022||357,065|29,420|66,999|103,946|557,430|
|Carrying
amount||||||||
|At 31 March|2022||1,640,208|2,204|11,893||1,654,305|
|At 31 March|2021||1,676,924|3,133|12,328|10,808|1,703,193|
|Cost orvaluation|
|---|
|At 1 April 2021 &31 March 2022|
|Carrying
amount|
|At 31 March 2022|
|At 31 March 2021|
##
##
##
|13|Debtors||||||
|---|---|---|---|---|---|---|
||Amounts
falling due||within one year:||2022f|2021
8|
||Trade debtors||||52,068|66,865|
||Other debtors||||10,562|11,518|
||Prepayments|and accrued income|||29,154|34,621|
||||||91,784|113,004|
|14|Loans and overdrafts||||||
||||||2022|2021|
|||||||8|
||Bank loans||||516,117|551,016|
||Payable
within|one year|||49,599|38,195|
||Payable after one year||||466,518|512,821|
||The bank loan|is secured
by legal charge over the freehold||property.|||
|15|Creditors: amounts||falling due within one year||||
||||||2022|2021|
|||||Notes|8|8|
||Bank loans|||14|49,599|38,195|
||Other taxation|and social security|||26,524|28,222|
||Trade creditors||||38,463|55,959|
||Other creditors||||14,429|75,568|
||Accruals and deferred||income||8,843|12,779|
||||||137,858|210,723|
|16|Creditors: amounts||falling due after more than one year||||
||||||2022|2021|
|||||Notes|8|8|
||Bank loans||||466,518|512,821|
##
##
##
|
donations
and grants held on trust for specific p|urposes;||||
|---|---|---|---|---|
||Movement||Movement||
||in funds||in funds||
||incoming
resourcesf|Balance at
1Apr:f12021
f|Incoming
Balance at
resources 31 March 2022
f
f||
|Legacy - to provide a sensory room
Donation to provide Creative Workshops|6,440|6,440|81,500|6,440
81,500|
||6,440|6,440|81,500|87,940|
##
||Balance at
1 April 2020
f|Resources
expended
f|Transfers
f|Balance at
1April 2021
f|Resources
expended
f|Transfers
f|Balance at
31 March 2022
f|
|---|---|---|---|---|---|---|---|
|Capital||||||||
|Assets||||||||
|Spend|1,227,168|(74,991)||1,152,177|(13,988)||1,138,189|
|Critical Cost||||||||
|Reserve|617,955||16,773|634,728||50,000|684,728|
|Major Repair
Reserve|130,000|||130,000|||130.000|
|New project|925,000||375,000|1,300,000||200,000|1,500,000|
||2,900,123|(74,991)|391,773|3,216,905|(13,988)|250,000|3,452,917|
|||||8
HO|Ol
O|4t||CO
Ch||IO
N|N
a&||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||I|CJ||
|||||||||CD||EO
CD|IO|IO
CE|
|||||||||||N|||
|||||CD|t|4I||||CD|\||
|||||4l|g
CV||||||||
|||||ID||4I||CO
Ol|||N||
|||||4I
OOl|CD
N|||CI||IO|cO
CJ||
|||||EO||||I||CO|IO||
|||||Cl
O||||||N||CO|
|||||||4I|||||||
||||||CD
N||||||||
|||||E4|||||||||
|||||Cl|||||||||
|||||O|||||||||
|||||gNW
-8||||EOO
CD||EO
IO|Ol
IO||
|||||I|Ol||||||EO||
|||||||||IO|||EO||
|||||||||EO|||||
|||||||||||N|||
|||||DD
e|Ol
NO|W||1||X|||
|||||'L|||||||||
|||||4l
CC.'|||||||||
|||||D
ID
t
l4|N
NO|Ell||IO
CD
CED||Ch
CC
IO|44
IO
EO||
|||||CS
l4
EII||||||EO
N
N|EO||
|||||CI|||||||||
|O
UJ||||'0|OI
NON|W|||||||
|I-Z0
O||||O|||||||||
|I-
tD
R
UJ|C4
Al
O|.|||||a
Cl
O4I
I4||||||
||C4||||||ED||||||
|iUI-|||Vl
'O||||h.
Cl||||||
|I-|||O||||||||||
|UJ
cC|||O$||||N
CllON||||||
|OZ|Ci||SD8||||g||||||
|'Z|||EC||||||||||
||||Cl||||||||ED||
|U|UJ||OI||||||||ID||
|UJzI-0
i
tlat
IllI-0X|UJ
U.0||4I
O
0
N
I4||||OOl4
'O|E4
I=$ —E
Xl
I4
c
O)
P
O||O4
O
CJ|4l
E8
OI
O
O
a||
##
##
##
##
||Name ofundertaking||Registered|Nature of|business|Class of|Class of|eA Held|eA Held|
|---|---|---|---|---|---|---|---|---|---|
||||office|||shares|held
Direct||Indirect|
||Giasallt Fawr Trading||Glasallt Fawr,|Dormant||Ordinary||1.00||
||Limited||Llangadog,|||Shares||||
||||Carmarthen,|||||||
||||SA199AS|||||||
|22|Cash generated
from||opsradons||||2022||2021f|
||Surplus forthe year||||||341,724||312,386|
||Adjustments
for:|||||||||
||investment
income recognised
in statement|||offinancial|activities||(1,656)||(2,803)|
||Depreciation
snd impairment
oftangible fixed assets||||||51,868||65,753|
||Movements
in working||capital:|||||||
||Decrease/(increase)|in|debtors||||21,220||(38,889)|
||(Decrease)/Increase|in|creditors||||(84,269)||86,160|
||Cash generated
from||operations||||328,887||422,607|
|23|Analysis ofchanges||in net funds|||||||
|||||||At1Aprn 2021f|each flaweAt 31 March 2C22f|||
||Cash at bank and in|hand||||2,164,972|292,664|2,457,636||
||Loans falling due within one year|||||(38,195)|(11,404)||(49,599)|
||Loans falling due atter||more than one year|||(512,821)|45,303||(466,518)|
|||||||1,613,956|327,563||1,941,519|